On 10/31/24, OneSpan Inc (NASDAQ: OSPN) stock enjoyed a major increase of 14.6%, closing at $16.68. Moreover, this advance was accompanied by exceptionally high trading volume at 478% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 15.3% during the last week.
Current PriceTarget Research Rating
OSPN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a major Value Builder.
OneSpan has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. OneSpan has a slightly negative Appreciation Score of 36 but a very high Power Rating of 91, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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